The Hybrid work model is proving to be the optimum choice in workflow management. A recent study conducted by GlobalData reviewed 4,400 new job postings and found that the number of open positions that advertised hybrid working increased by 31% in the second quarter of 2022, with tech and digital driving demand.
In 2022, hybrid job postings increased by 53% in the technology industry and 15% in the banking and investments industries, indicating that highly skilled professionals continue to dictate how and where they work.
The GlobalData study found that in the second quarter of 2022, job postings with the keywords "cloud," "big data," and "digital media" were the most prevalent and the most sought-after by applicants.
Part of the reason that companies are turning to the Hybrid work model is to attract new, talented employees as there is evidence that the "Great Resignation" still continues. The persistent trend of workers quitting their jobs in search of better options is evident.
A study conducted by Upwork found that the rate companies acquire new hires depends on whether workers can do their jobs remotely. Resignations negatively impacted only 31% of companies that offer a remote work environment, compared to 49% of organizations where workers were required to work on-site.
Still, remote jobs are becoming less attractive, with less companies looking to contract many employees who want to work only from home. The GlobalData study indicates that job postings with the keyword "remote" declined by 11%, and "work from home" postings decreased by 13%.
Essentially, as pandemic restrictions lift the hybrid work model is trending while remote and work from home options are less attractive. A flexible work arrangement is essential to an organization's efforts to retaining and recruiting employees.
Robert Half's Demand for Tech Talent Report, which surveyed 750 tech-hiring managers across the UK, found that 28% of companies that operated a fully remote workforce prior to 2020 had moved to a hybrid arrangement that combines remote working with working from an office – indicating a shift in trend "that goes beyond a return to normal".
Robert Half's report also elaborates on the benefits of the hybrid work model for Junior employees.
According to 73% of tech leaders surveyed in the report, remote working impacts opportunities for more junior team members to develop new skills, as they are less able to learn from or check work with more experienced staff. Sixty-five percent of employers said the progression of junior talent was being held back as a result, impacting loyalty and retention.
The hybrid work model is not just a trend, it's here to stay. Companies that don't adapt will find it harder to attract and retain top talent. The pandemic has changed the way we work forever, and the hybrid model is the future of work.
Flowscape solutions believes the hybrid workplace model is here to stay. By integrating the Flowscape solutions platform the transition to this model is seamless, effective and guarantees optimum productivity and outcomes. Contact us to begin your journey with Flowscape today.
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